Gaming Momentum And Ad Strength Will Drive Digital Entertainment’s Next Phase

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

28 Nov 24

Updated

08 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

23.1%

7D

-3.0%

Loading

1Y

23.1%

7D

-3.0%

You can edit this narrative until Dec 9 11:10 AM. Then, changes will post as Updates.

Author's Valuation

US$30.0417.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 08 Dec 25

Fair value Increased 0.36%

BILI: Upcoming Games Upswing Will Drive Renewed Bullish Share Momentum

The analyst price target for Bilibili has edged higher by about $0.11 per share as analysts factor in a modestly lower discount rate and improved visibility on a games-led recovery following a solid Q3 and stronger-than-expected performance from recent titles. Analyst Commentary Recent Street research reflects a more constructive outlook on Bilibili as its games pipeline begins to show tangible traction, but also highlights lingering concerns around valuation and execution risk.

Shared on 24 Nov 25

Fair value Increased 3.76%

BILI: Upcoming Game Launches Will Drive Renewed Upside Momentum

Bilibili's analyst price target has increased from approximately $28.85 to $29.93. Analysts point to improved gaming revenue forecasts and positive sales momentum as primary drivers of the upward revision.

Shared on 07 Nov 25

Fair value Increased 1.19%

BILI: Upcoming Game Releases And Cost Controls Will Shape Earnings Outlook

Bilibili's analyst price target has been raised slightly to $28.85, reflecting increased optimism among analysts. This outlook is based on stronger-than-expected performance in the games business and upcoming catalysts from new releases.

Shared on 23 Oct 25

Fair value Increased 1.41%

Bilibili's analyst fair value target has been raised modestly to $28.51 from $28.11. This change reflects stronger-than-expected recent game performance as well as continued resilience in advertising and user engagement, according to analysts.

Shared on 09 Oct 25

Fair value Increased 1.17%

Bilibili’s analyst price target has been adjusted slightly higher to $28.11. Analysts cite healthy user engagement and supportive ad momentum, which offset modest declines in expected gaming revenue.

Shared on 27 Aug 25

Fair value Increased 4.59%

Bilibili’s consensus price target increased modestly as analysts cited robust user engagement, strong advertising revenue growth, and better-than-expected profitability driven by lower expenses, though valuation is now seen as fair after recent gains, raising the target from $26.57 to $27.54. Analyst Commentary Near-term game revenue is expected to decline due to a high prior-year base and limited catalysts from major new game launches in H2 2025.

Shared on 01 May 25

Fair value Decreased 1.13%

Shared on 23 Apr 25

Fair value Increased 0.34%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 0.96%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 1.39%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 4.63%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 0.99%

AnalystConsensusTarget has decreased shares outstanding growth rate from 0.0% to 0.0%.

Shared on 19 Mar 25

Fair value Decreased 0.36%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Decreased 1.86%

AnalystConsensusTarget has increased future PE multiple from 32.5x to 36.9x and decreased shares outstanding growth rate from 0.0% to 0.0%.

AnalystConsensusTarget Fair Value

US$30.04

17.1% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

8.27%

Interactive Media and Services revenue growth rate

0.47%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.27%

Calculation

CN¥3.86b

Earnings '28

x

30.07x

PE Ratio '28

=

CN¥116.10b

Market Cap '28

CN¥116.10b

Market Cap '28

/

419.57m

No. shares '28

=

CN¥276.71

Share Price '28

CN¥276.71 Share Price '28

Discounted to 2025 @ 9.26% p.a.

=

CN¥212.12

Fair Value '25

CN¥212.12 Fair Value '25

Converted to USD @ 0.1414 CNY/USD Exchange Rate

=

US$30.00

Fair Value '25